Buy a Profitable Franchised Quick Serve Restaurant For Sale business for sale in Regina on BusinessesForSale.com

  • Advert ID: 657457

Profitable Franchised Quick Serve Restaurant For Sale


Location:
Category:
Asking price:
$179,000
Sales revenue:
< $500k
Net profit:
< $500k
Franchise opportunity:
Yes
Years established:
2003
Employees:
12


* Royalty Payments, 5% of sales for standard sales royalty, and 3% of sales towards the national marketing fund. * National Marketing fund supports nationwide marketing intiatives * Perspective buyer must be approved by head office * Perspective buyer must complete training at head office * Buyer to pay a franchise transfer fee ($8500-$10000)


* Extreme Pita for sale in Regina,SK,Canada
* A quick serve establishment, serving high quality, fresh, healthy pita sandwiches, salads, and flat baked pitas
* Concept is unique in the sense it is fast, and attracts a healthy active customer base.
* $7000 / weekly net sales
* Continous revenue growth year by year
* Excellent head office support
* Strong catering sales with room for growth
* Previous small business or restaurant experience is NOT required

*Would consider selling a portion of the business to a full time operating partner. Operating partner would receive a competitive management salary.


Real Estate:
Lease
Lease terms:
* $2900 / monthly rent
* In a current ten year lease, with (2) five year renewal options
Location:
* Situated on Albert St. South
* Located on a high traffic street
* Well developed residential community surrounds the restaurant
* 15,000 homes and apartment suites in the immediate area
* Three high schools nearby which support the restuarant

Expansion potential:
* Excellent catering sales, but room for extensive expansion
* Delivery & Breakfast can be implented to increase sales
Support & training:
* Buyer would receive full support from our head office * Buyer would receive extensive training from our corporate team * A representative would be present for your first week
Reasons for selling:
Owners have other restaurants in which we are currently occupied at fulltime. Owners have new families in which they require more of our time.
Trading hours:
10:30 - 9:00pm
Furniture / Fixtures value:
$100,000
Website:
www.extremepita.com
Related documents:

For more information about this business for sale, click the Contact Seller button.

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